BAKU, Azerbaijan, February 27. Approximately 37,500 tons of various hydrocarbon products will be on sale at the Iran Energy Exchange (IRENEX) on approximately February 27, Trend reports.
Of the mentioned volume, 20,400 tons will be on sale on the domestic ring of the energy exchange.
The following goods are to be offered:
- Iranian Shazand Oil Refining Company’s 6,500 tons of CSO, 1,000 tons of iso-recycle products;
- Bouali Sina Petrochemical Company’s 3,000 tons of Raffinate, 1,000 tons of LPG;
- Tehran Oil Refining Company’s 2,000 tons of heavy naphtha, 1,500 tons of LPG, 800 tons of iso-recycle, 247 tons of light naphtha products;
- Esfahan Oil Refining Company’s 2,000 tons of iso-recycle;
- Khouzestan Steel Company’s 440 tons of liquid nitrogen, 440 tons of liquid oxygen products;
- Bandar Imam Petrochemical Company’s 300 tons of LPG, 276 tons of MTBE products;
- Bandar Imam Petrochemical Company’s 220 tons of heavy distillate;
- Sabalan Petrochemical Company’s 200 tons of methanol;
- Persian Gulf Fajr Energy Company’s 200 tons of liquid nitrogen;
- Kaveh Sodium Carbonate Company’s 150 tons of gas condensate;
- Saba Tec Bahar Pardis Company’s 100 tons of heavy tar oil;
- Pasargad Steel Alloy Industries Company’s 40 tons of liquid nitrogen products;
- Sorena Arka Chemical Medicine Industries Company’s 22 tons of liquid nitrogen products.
Moreover, 17,000 tons of products will be on sale on the Iran Energy Exchange's export ring:
- Iranian Persian Gulf Star Oil Company’s 5,000 tons butane;
- National Iranian Oil Products Distribution Company’s 4,000 tons of aviation fueld (ATK);
- Bouali Sina Petrochemical Company’s 3,000 tons of Raffinate, 1,000 tons of liquefied gas products;
- Esfahan Oil Refining Company’s 1,800 tons of solvent-402;
- Bandar Imam Petrochemical Company’s 1,040 tons of MTBE;
- Tabriz Petrochemical Company’s 500 tons of Raffinate and 500 tons of pentose (C7-C9) and 200 tons of pentane products.
Iran Energy Exchange (IRENEX) sells its products at the SANA exchange rate.
SANA system is a currency exchange system implemented by the Central Bank of Iran in which the price of one euro is 465,869 rials and the price of one dollar is 429,201 rials.
The sale of hydrocarbons at the Iran Energy Exchange is critical to the country's economy. Iran hopes to enhance exports and give hydrocarbon products to local enterprises through energy exchange.
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